🚀 $BB /USDT — BounceBit Breaks Out After Long Accumulation
Current Price: $0.1158
After months of consolidation, BounceBit has delivered a clean breakout above the 200MA, signaling a potential trend reversal. The recent candle shows strong momentum, with volume likely supporting the move.
🎯 Target Levels:
$0.135 — Previous local high (April peak).
$0.185 — Mid-March resistance zone.
$0.250+ — Major target if rally extends.
🛡️ Support Levels:
$0.089 (MA200) — Key breakout support.
$0.085 (MA20) — Short-term bounce zone on retrace.
🔍 Outlook:
Price is breaking above resistance after long base.
Moving averages suggest a bullish crossover setup.
Momentum could accelerate if volume remains strong.
⚠️ As always, DYOR. Past price action is not a guarantee of future results.
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